Euphoria fades in Crimea after a year of Russian rule

March 17, 2015 1:15 PM

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SIMFEROPOL, Crimea (Reuters) - A year after Russia's takeover of Crimea sparked a wave of euphoria across the Black Sea peninsula, residents are suffering growing hardship as prices rise and many fear for the future.

Russia's flag is flying across Crimea on the anniversary of what President Vladimir Putin calls the region's historic "return home" after Russian troops seized control of it from Ukraine and the people backed annexation in a referendum.